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Related with loan from shareholders by a company

This query is : Resolved 
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(Querist)
01 June 2019 IF A PRIVATE UNLISTED COMPANY TAKES LOAN FROM ITS SHAREHOLDERS , THEN THE COMPANY SHOULD PAY INTEREST OR NOT ON LOAN .

PLEASE GUIDE ME.

PLEASE TELL ME THE RELATED PROVISION ON IT.
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Amol S Joglekar

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Amol S Joglekar (Expert)
01 June 2019 Company can pay interest on loan from share holder. It is the mutual relationship between company and its share holder
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